While Việt Nam plans a 7,000MW of offshore wind power by 2030, most of wind farm investors shared their concern about the bidding mechanism for the industry in a recent energy workshop in Hà Nội.

"Investment strategy in the context of the new normal and fostering reform and innovation” will be the main topic of a workshop show in HCM City on June 17.

Việt Nam needs substantial investments to meet the country’s goal of net-zero emissions by 2050, but gathering sufficient financial resources for renewable transition is not an easy task.

The Middle East, North Africa and South Africa are potential markets for tea products from Lai Chau province but their export is still modest due to a lack of information on each other and effective connections, Deputy Foreign Minister Pham Quang Hieu has said.

Vietnamese trade counsellors and heads of trade offices in Europe met in Geneva on June 14 – 15 to discuss ways to beef up trade and investment promotion with countries in the region and other parts of the world.

The Cửu Long (Mekong) Delta will need to optimise its natural conditions to develop renewable energy and attract investment in the sector to mitigate the impacts of climate change, experts have said.

As the trade-off between business efficiency and “going green” is diminishing, Việt Nam’s economy and enterprises are accelerating towards green and sustainable growth in line with mainstream global trends.

Energy shortages are a growing concern in northern Việt Nam, especially during the summer months when power consumption spikes. The issue has been exacerbated by rising prices of input materials for power plants due to the Russia-Ukraine conflict. 

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,093 VND/USD on June 16, unchanged from the previous day.

Vietnam’s domestic aviation market is recovering at the fastest pace in the world with a growth rate of 123 percent compared to the same period of 2019, before the COVID-19 pandemic broke out.

Leading companies in the renewable energy industry all recorded strong profit growth.

Minister of Industry and Trade Nguyễn Hồng Diên joined trade ministers and senior officials from 164 member countries of the World Trade Organisation (WTO) at the 12th WTO Ministerial Conference that took place in Geneva, Switzerland, from June 12-15.

The southern province of Binh Duong’s gross regional domestic product (GRDP) grew 6.85 percent in the first six months against the same period last year.

The national flag carrier Vietnam Airlines said it will officially resume operations at Terminal 4 of London Heathrow Airport in the UK from June 22.

Leading enterprises from the Republic of Korea (RoK) including Samsung Electronics, Naver and Revu Corporation have further promoted investment in research and development (R&D) centres in Vietnam to fully tap high-quality and low-cost human resources.

The Youth Startup Forum 2022 will be held in October with the participation of about 500 delegates who are young people, students and young businessmen with creative startup projects, representatives of government agencies, universities and research institutes.

Vietnamese enterprises can find opportunities for exporting many commodities, from consumer goods to fishery, agricultural, and food products, to France, heard a seminar on post-pandemic chances for accessing the French market on June 15.

Vietnam’s credit growth as of June 9 expanded by 17.09 percent against the same period last year, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said on June 15.

A project to improve early warning and risk management capacity for Vietnam's financial sector was launched at a ceremony held by the National Financial Supervisory Commission (NFSC) and the Korea International Cooperation Agency (KOICA) in Vietnam on June 15 in the northern province of Quang Ninh.

Hanoi is working to expand its night-time economic activities to form a typical economic sector that contributes to the capital city’s socio-economic development.